Jumbo Loan: Fee + GST Split
Last updated: September 2026.
Processing fee
₹50,000
0.5% of ₹1,00,00,000
GST on fee (18%)
₹9,000
non-refundable, even on prepay
Upfront bite
₹59,000
0.59% of loan · in hand ₹99,41,000
Close the loan early? (Foreclosure)
Floating-rate individual loans: zero foreclosure charges since January 2026. Fixed-rate loans follow your sanction letter — typically 2–5% plus GST.
Monthly EMI
₹88,690
after 14 EMIs · outstanding ₹97,74,447
Fee + GST (18%)
₹0
fee ₹0 + GST ₹0
Pay to close
₹97,74,447
saves ₹1,02,69,575 future interest
How to use this add-on
- Enter the loan amount and the processing-fee percentage the bank quotes.
- See the fee, 18% GST on it, and what actually reaches your hand.
- Compare the upfront bite against total interest before signing.
What is this tool?
A jumbo (large-ticket) home loan works like a normal home loan, except the processing fee is a percentage of the huge amount — so the fee plus 18% GST becomes real money. This add-on splits that upfront bite away from the EMI so you can negotiate it down. Use it before signing any loan above ~Rs. 75 lakh.
The jumbo hidden cost
On normal loans the processing fee is a flat few thousand. On jumbo loans (roughly Rs. 75 lakh–1 crore+, definition varies by bank) the fee is a percentage — so 0.5% on Rs. 1 crore is Rs. 50,000 plus Rs. 9,000 GST before you see a rupee.
This fee is often negotiable: festive offers, salary-account holders and balance-transfer cases routinely get 50–100% waivers. Never accept the first quote.
Check whether the fee is deducted from disbursal (you receive less) or payable separately — and confirm it in the KFS along with the GST line.
Read the full Real Loan & EMI Guide →
This tool gives an estimate for guidance only. It is not financial advice. Confirm fees with your bank before deciding.
Common jumbo-loan questions
What counts as a jumbo loan?
No fixed rule — banks typically treat Rs. 75 lakh to Rs. 1 crore and above as jumbo/large-ticket, with percentage-based fees instead of flat ones.
Can processing fees be waived?
Often yes — festive campaigns, salary-account relationships and balance transfers fetch 50–100% waivers. Ask explicitly; it is rarely offered unasked.
Is GST on the fee refundable if I prepay?
No. GST paid on services is a sunk cost even if you close the loan the next month — another reason to negotiate the fee itself down.